Tag Archives: larry summers

Bailout capitalism and an irresponsible lending bazooka

Posted on January 1, 2010 by stacyherbert| 24 Comments

Stacy Summary: Good morning, afternoon or evening wherever you are. And Happy New Year. Here are a mishmash of politics, technology and economy stories I am reading today . . .

A web 2.0 suicide machine for those tired of living in public

Come back with a warrant doormat

More ammo for the irresponsible lending bazooka

Iraq hostage, Peter Moore, contradicts Guardian’s front page war propaganda piece

Is our tax system helping us create wealth?

Larry Summers was against bailout capitalism before he was for it

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Tagged fannie, freddie, larry summers, peter moore

Ignored warnings and walking away

Posted on November 30, 2009 by stacyherbert| 79 Comments

Stacy Summary: On topic please! Your thoughts on Larry Summers losing $1.8 billion for Harvard and then getting a promotion to run economic policy for entire US? Your thoughts on whether underwater ‘homeowners’ should walk away from their mortgages?

Larry Summers ignored warning on Harvard’s investments; losses hit $1.8 billion

Law school professor advises underwater ‘homeowners’ to walk away from mortgage

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Tagged harvard, larry summers, underwater mortgage

Kazakh Billions, Low Paid Internships & Blaming Larry Summers

Posted on November 28, 2009 by stacyherbert| 138 Comments

Stacy Summary: As Max said on RT yesterday, round two of announcing many billions in losses has begun. Now, re: the last story, “Blame Larry Summers,” do you agree? Or is there someone or something else that you think deserves more blame?

Kazakh bank loses billions in Western investments

Hiring is rising . . . in low paid internships

Blame Larry Summers

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Tagged kazakhstan, larry summers, low paid internships

Financial balance of terror and unprotected audits

Posted on September 28, 2009 by stacyherbert| 68 Comments

Stacy Summary: Mornin’ y’all. Thanks for all the great video links in the Sunday Video Club. Will definitely have to keep that club going. So, what’s happening in your neck of the woods?

G-20 plans to end ‘financial balance of terror’

Audit firms left unprotected against claims of negligence

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Tagged audit firms, bernie madoff, g-20, larry summers

Larry Summers’ German problem

Posted on June 4, 2009 by stacyherbert| 35 Comments

Stacy Summary: Some more interesting headlines I am reading this late morning. Anybody thinking retirement will no longer be an option for the non-oligarchic class?

What is Larry Summers’ ‘German problem’?

Bitter televised clash between Ahmadinejad and rival for presidency (but I thought there was only one democracy in the Middle East?)

OAS votes to readmit Cuba

BBC pays radio presenters twice as much as commercial rivals

Morrison’s sales up 7% as customers seek cheap food

Morrisons axes final pension salary scheme

17,000 Barclays staff lose some pension benefits, but US investment bankers exempted

Updates:

Iceland defies IMF by cutting interest rates

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Tagged bbc, cuba, iceland, larry summers, morrisons, oas

Phantom mortgages and Larry Summers’ kickbacks

Posted on May 30, 2009 by stacyherbert| 44 Comments

Stacy Summary: Corruption, corruption, corruption. It’s quite clear that the whole system is rotten. Part of the problem with government being so close to bankers and corporations is that the politicians feel like they should be getting kickbacks and be able to live the lifestyle that they themselves help create for said bankers with your tax money. Also, by voting in these politicians we give this whole set up legitimacy. What do you think?

Is Larry Summers taking kickbacks from the banks he is bailing out?

Cameron says ‘phantom mortgage’ MPs should face fraud charges

US capitalism gone with a whimper

We’re in for a long, zombie summer

Are Goldman’s computers painting the tape in the last twenty minutes of each day? (must read!)

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Tagged Add new tag, david cameron, larry summers, phantom mortgage, us capitalism

Headlines, Headlines, Headlines – 04 April 2009

Posted on April 4, 2009 by stacyherbert| 24 Comments

Stacy Summary: The US government and its latest imperial presidency are not ready to stop transferring wealth from the population to the bankers and are doing everything in their power to stop the people from knowing that it is happening. And it looks like once they are done looting us, they are planning on sending our bankrupt a**es to the IMF. Welcome to neo-feudalism 2.0.